Hong Kong is reportedly eyeing new tax policies that can help in its push to become a top finance and cryptocurrency hub.

Japan's FSA reportedly cracks down on five crypto exchanges operating in the country without proper registration.

The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets.

UBC, launched four days ago, has gained over 18,000 holders but saw its market cap drop by 45% in the last day, settling at $34 million. Similarly, $1, launched five days ago, experienced a sharper decline of 65%, with its market cap falling to $8.7 million despite attracting nearly 60,000 holders.

2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia's 2021 highs.

Table of Contents Bitcoin ETFs Fuel Institutional FOMO Bitcoin Technicals: The Bullish Flag Unfurled Ethereum's

Last week, Justin Sun made headlines when he bought the iconic banana artwork ‘ Comedia' for $6.2 million. Back then, the crypto founder revealed that he would eat the banana taped to the wall in the coming days, and Sun truly lived up to his word today as he downed the banana.

Your digital fortune can transform into real money, and you can enjoy a nice outing with your friends. Turning your crypto coins into cash might seem hard, but it's a straightforward process.

Former Alameda Research CEO Caroline Ellison's prison release date has been moved up just three weeks after the one-time girlfriend of FTX founder Sam Bankman-Fried reported to prison for her role in the multi-billion dollar crypto scandal, Federal Bureau of Prisons records seen by Business Insider this week reveal. Ellison formally began her time behind bars on November 7. The post Alameda Research CEO Caroline Ellison's Prison Release Date Moved Up appeared first on Cryptonews.

Key Points:

Crypto exchange OKX reaffirms its commitment to trust and transparency with a 25th monthly Proof of Reserves (PoR) report.

In the latest development, Japan's Financial Services Agency has issued warnings to foreign exchanges for operating without registration. It has issued warning letters to the following exchanges: KuCoin, bitcastle LLC, Bybit Fintech Limited, MEXC Global, Bitget Limited. Notably, in Japan, cryptocurrency exchange business requires registration with the Financial Services Agency and the Financial Bureau.

Justin Sun eats his $6.2M banana artwork in Hong Kong sparking debate about its true value and artistic integrity.

Key Points:

TL;DR Pump.fun experienced a 33% drop in revenue, the largest since March, falling from $5 million to $3.6 million in just one day. A user faked his suicide to promote their cryptocurrency, causing outrage and leading Pump.fun to disable the livestreaming feature.

Vladimir Putin has signed the Russian federation's law that classifies crypto as property. The federation announced that they were expecting the president's signature yesterday.

Tron founder Justin Sun ate the $6.2M banana artwork at a Hong Kong event. Sun compared conceptual art to NFTs and blockchain technology.

Taiwan is intensifying its regulatory efforts to address crypto fraud and safeguard investor interests with a series of strict anti-money laundering (AML) measures. The Financial Supervisory Commission (FSC) has advanced the implementation date for these new rules to November 30, 2024, amid growing concerns over illegal activities such as fraud and money laundering.

Australian computer scientist Craig Wright has been blocked from continuing the case against the Crypto Open Patent Alliance (COPA) by the U.K. Court of Appeal.

The cryptocurrency market's general sentiment has turned green and currently, the majority of the top ten coins are printing gains. In past bull markets, people made huge profits by investing in strong altcoins with good use cases.

Trump's pro-crypto nominations for Treasury, Commerce, and SEC leadership could significantly reshape the US financial system.

Binance has revealed that it will be removing USD-M perpetual contracts for several cryptocurrencies, including NEM (XEM), Orbs (ORBS), and Loom Network (LOOM).

If you're an Android user looking to secure, manage, or trade your digital assets, finding the right wallet is essential. It's vital to select a wallet that's both secure and loaded with features. We've put together a list of the top five Android crypto wallets, each offering robust capabilities.

The crypto market losses due to thefts and rug pull stood at $71 million in November 2024, a sharp 79% drop from the $343 million lost in November 2023.

After losing a case for suing Bitcoin (BTC) developers to pay $1 trillion, Craig Wright, an Australian businessman, has lost the bid in appealing the case.

TL;DR Decentralized artificial intelligence (AI) could reach a valuation of $1.8 trillion by 2025, according to analyst Miles Deutscher. The global AI market is expected to reach $12 trillion in the coming years, with 5% allocated to decentralized AI generating over $600 billion.

European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S.

While many crypto community members celebrated Donald Trump's reelection, some may have felt differently.

Meme Coin launchpad Pump.fun reported a record $78 million in November revenue.

Russia takes a significant step towards the regulation of crypto: President Vladimir Putin recently signed a law that officially recognizes digital assets as financial instruments, introducing important tax changes, including VAT exemption for certain crypto transactions.

Though it started out relatively strong and hit a market capitalization of $120 million already in June, Andrew Tate's meme coin Daddy Tate (DADDY) has fallen on hard times, much like the influencer behind it.

Telegram's CEO, Pavel Durov, has shown strong support for the MAJOR token by committing to hold 1% of its total supply for the next decade.

A report revealed that a significant number of crypto scams and failed projects were from the US, China, and the UK. This was between January 2022 and October 2024. The post Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report appeared first on Cryptonews.

Hong Kong is considering waiving tax on investment gains from cryptocurrencies for hedge funds, private equity funds, and family offices as it looks to enhance its appeal as a wealth management hub.

Russian President Vladimir Putin has signed a significant law that officially recognizes digital currency as a form of property, reshaping the legal landscape for crypto operations in the country and allowing use in foreign trade settlements.

As part of the migration, Deribit clients must accept new terms of service and complete a mandatory KYC process before the end of 2024 to avoid restrictions on their accounts.

The event highlights the potential vulnerabilities in AI systems, emphasizing the need for robust security measures in AI-driven financial platforms. The post Crypto trader beats AI agent at its own game and pockets $47,000 appeared first on Crypto Briefing.

Crypto sleuth ZachXBT has accused a former professional gamer and cybersecurity analyst of helping steal $3.5 million from numerous memecoins scams. The on-chain detective's investigation unveiled a connection between the Australian man and nine crypto hacks.

Recently, the country took an important step by officially recognizing digital currencies as a type of property. This means that crypto is now seen as a valuable asset in international trade, just like gold or oil.

The industry expects a more crypto-friendly incoming administration under Donald Trump following his various campaign pledges.

Taiwan's Financial Supervisory Commission (FSC) has announced a significant acceleration of its Anti-Money Laundering (AML) regulations for cryptocurrency providers.

Recent price data indicates a notable shift in the crypto market, with meme coins losing momentum while DeFi tokens surge.

Russian President Vladimir Putin has signed into law a federal bill introducing taxes on cryptocurrency transactions and officially recognizing cryptocurrencies as property. According to the official document published on Nov.

As the holiday shopping season kicks off, the Web3 world is embracing its own version of the Black Friday fever. While traditional retailers prepare their doorbusters and digital deals, Web3 platforms and crypto companies are reimagining seasonal shopping.

A former Binance employee has filed a lawsuit in the UK, alleging unfair dismissal and bribery within the company, marking another legal challenge for the crypto giant.

Russian crypto holdings on centralized exchanges still worth billions despite volatility, Bank of Russia reveals.

New tokens like Catzilla, Algorand, and Immutable are shaking up the crypto world with explosive potential, sparking whispers of major returns. #partnercontent